UK: "Banks will be forced to radically restructure their businesses as they find it harder to make money from their investment banking arms"

From The Telegraph

"Leading European and US investment banks, including Credit Suisse, Deutsche Bank, and Goldman Sachs, are likely to record a 20pc year-on-year decline in their revenues for the first three months of 2012 as earnings from businesses such as corporate advisory and foreign exchange decline."

read more